Focus on Cyber Security

Marc Songini, of Intralinks, talks to HFMWeek about the growing need for hedge fund managers to acknowledge the severe risks posed by cyber-attacks

In the past two years, hackers have penetrated a number of hedge funds, according to The New York Times.

To what degree is unclear and, regrettably, it’s not surprising, as hedge funds are ideal targets for hackers. These enterprises represent billions of dollars and they all too often have inadequate security to protect their assets.